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Senior banking leaders are very much aware of and interested in generative AI, but while no one wants to get left behind, there's also no great urgency to be the first mover.
November 21 -
Bankers are hopeful that several factors could strengthen profits next year, including higher loan demand and more stable funding costs as the Fed holds the line on — or even lowers — interest rates.
November 21 -
Only 65.8% of surveyed households said they would be able to come up with $2,000 if an unexpected need arose within the next month, according to the NY Fed's latest survey of consumer expectations and credit access,
November 21 -
The former Trump-appointed Federal Housing Finance Agency head offers insights on the road ahead for mortgage lenders and residential real estate at large.
November 21 -
Brazilian Orli Machado plans to hire about 230 people in the U.S. to expand his firm, which provides software to banks and credit unions offering the Federal Reserve's new instant-payment system.
November 21 -
The blockchain company is targeting non-financial clients and new geographic regions in a series of product rollouts.
November 21 -
The Federal Housing Finance Agency's report on the system at 100 years old signals major shifts in both policy and structure are on the horizon.
November 21
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In a lawsuit, Ardith Lindsey claimed that, despite cultivating a gender-inclusive public image, the bank knowingly tolerated a "locker room" environment.
November 20 -
The financial services industry has run TV ads during football games and organized lobbying visits by small-business owners in its fight against the Basel III endgame plan to raise capital requirements for larger lenders. The tactics are beginning to show signs of working.
November 20 -
Unions have historically had little success organizing bank employees, but recent high-profile gains for the labor movement have fueled hopes that will change. The two elections at Wells Fargo will be a test.
November 20











